Do Kwon


Policy

Terraform's Do Kwon Sentenced to 15 Years in Prison for Fraud

The Terraform Labs co-founder pleaded guilty to conspiracy and wire fraud in August.

Do Kwon (CoinDesk archives)

Policy

Do Kwon’s Sentencing Hearing Drags on as Court Weighs Mountain of Victim Testimony

District Judge Paul Engelmeyer offered the Terraform Labs co-founder the chance to postpone his sentencing date, in light of hundreds of victim impact statements shared with the court in the past 24 hours.

TerraForm Labs founder and CEO Do Kwon (CoinDesk TV, modified by CoinDesk)

Policy

Do Kwon Judge Demands Answers Before Sentencing Over ‘Assurance’ He’ll Serve Time

Judge asked whether Kwon might be freed abroad and asked for details on victims, time-served credit and unresolved charges ahead of sentencing.

Do Kwon (CoinDesk archives)

Policy

U.S. Prosecutors Seek 12-Year Sentence for Terraform Founder Do Kwon in Crypto Fraud Case

The collapse of Do Kwon's Terraform project caused losses that surpassed those by Sam Bankman-Fried's FTX, Celsius and OneCoin combined, the prosecutors argued.

Do Kwon (CoinDesk archives)

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Policy

State of Crypto: Do Kwon Pleads Guilty

A few years after telling Terra/Luna investors that their funds were safe, Kwon admitted to misleading them.

CoinDesk

Policy

Terraform's Do Kwon Pleads Guilty to Conspiracy, Wire Fraud in UST Blow-up

The 33-year-old Korean national said he "knowingly" participated in a scheme that defrauded purchasers.

Do Kwon (CoinDesk archives)

Policy

Terra's Do Kwon to Change 'Not Guilty' Plea in US Fraud Case

Do Kwon previously had pleaded "not guilty" to multiple fraud charges earlier this year.

CoinDesk

Policy

DOJ Crypto Enforcement Memo Has No Bearing on Do Kwon’s Criminal Case, Prosecutors Say

Prosecutors told a New York judge on Thursday that they don’t plan to change the charges against Kwon in light of the memo.

Terraform Labs co-founder and former CEO Do Kwon is escorted by police in Montenegro in 2024 (Photo by Filip Filipovic/Getty Images)

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Tech

The Protocol: Hyperliquid Responds to Decentralization Criticism

Also: Ripple’s Chainlink deal; Pyth partners with Revolut

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Policy

Do Kwon Criminal Trial Set for 2026 as Lawyers Deal with ‘Massive’ Trove of Evidence

Prosecutors are currently working to unlock four of Kwon’s cell phones provided by Montenegrin authorities.

Do Kwon, cofounder of Terra. (Terra, modified by CoinDesk)